302 County Road 8

Nestled in the picturesque area of Kawartha Lakes, this remarkable house for sale in Kawartha Lakes is an exceptional investment opportunity that should not be missed. Located at 302 County Road 8, Kawartha Lakes, this detached backsplitted residence boasts a generous lot size of 119 x 292 feet, providing ample space for various possibilities. The property is being sold under Power of Sale in As Is, Where Is condition, making it an enticing prospect for savvy investors looking to capitalise on its potential.

The main house, a spacious 1,905 square feet, features four well-appointed bedrooms and two bathrooms, currently generating a rental income of £3,000 per month plus utilities. This house for sale in Kawartha Lakes is not just a home; it is a thriving investment, with the main residence complemented by two additional cottages that also contribute to the income stream. Cottage #1 offers two bedrooms and one bathroom, currently rented at £1,000 per month, while Cottage #2, with one bedroom, is rented for £800 per month. Collectively, these residences yield an impressive £4,800 per month plus utilities, all with tenants in good standing, making this property an attractive option for those seeking reliable rental income.

Situated in the charming community of Fenelon, this house for sale in Kawartha Lakes benefits from a convenient location that is both tranquil and accessible. The area is known for its natural beauty and recreational opportunities, making it a desirable place for families and individuals alike. The property is equipped with essential amenities, including internet access, ensuring that residents can stay connected. Although there is no air conditioning or central vacuum system, the forced air heating provides comfort during the colder months.

The exterior of the property is clad in durable vinyl siding, which not only enhances its aesthetic appeal but also ensures low maintenance. With a single garage space and a driveway that accommodates up to ten vehicles, parking will never be an issue for residents or guests. While there is no pool or fireplace, the full unfinished basement offers potential for future development, allowing new owners to customise the space to their liking.

The zoning of this property is particularly noteworthy, as it falls under C3 zoning, which permits a wide range of uses. This flexibility opens the door to numerous possibilities for future development, making this house for sale in Kawartha Lakes a wise choice for those looking to invest in a property with significant potential for growth. Buyers are encouraged to conduct their own due diligence to explore the myriad of opportunities this property presents.

The location at 302 County Road 8, Kawartha Lakes, is not only convenient but also strategically positioned to take advantage of the area's vibrant community. With its strong rental income potential and the promise of future development, this property is a rare find in today's market. Whether you are looking to expand your investment portfolio or seeking a family home with additional income-generating opportunities, this house for sale in Kawartha Lakes ticks all the boxes.

In conclusion, if you are in the market for a versatile property that offers both immediate returns and future possibilities, look no further than this exceptional house for sale in Kawartha Lakes. With its prime location, impressive rental income, and potential for development, 302 County Road 8, Kawartha Lakes, is a must-see for any discerning buyer. Don't miss your chance to explore this unique opportunity and envision the future it holds.

Fenelon, nestled within the picturesque city of Kawartha Lakes, offers a charming blend of natural beauty and small-town allure. This serene community is characterised by its stunning waterfront along the Trent-Severn Waterway, providing ample opportunities for boating, fishing, and leisurely strolls by the water. With its quaint shops, local eateries, and vibrant farmers' markets, Fenelon exudes a welcoming atmosphere that invites both relaxation and connection. Surrounded by lush forests and rolling hills, it serves as a perfect retreat for those seeking a tranquil lifestyle while remaining within easy reach of urban amenities. Whether you’re drawn by the scenic landscapes or the warm, friendly vibe, Fenelon promises a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near two educational institutions, making it an ideal choice for families with children. The closest is Fenelon Falls Secondary School, situated just 0.5 km away, which serves grades 9 to 12 and is part of the Trillium Lakelands District School Board. This proximity allows for easy access to high school education. Additionally, Langton Public School is located 1.2 km from the property, catering to younger students from junior kindergarten to grade 8, also under the Trillium Lakelands District School Board. Both schools offer English language instruction and are categorized as public institutions. While the school ratings are not specified, the close distances to these schools provide a significant advantage for families prioritizing education and convenience. Overall, this property is well-situated for families seeking a supportive educational environment for their children, with essential schooling options available within a short distance.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 974 residents, with an average household size of 2.3 individuals. The demographic profile reveals an average age of 50.3 years, indicating a mature community. The average household income stands at $92,000, with 11% of the population classified as low-income. The real estate market reflects an average property price of $660,000, suggesting a relatively affluent neighborhood. Approximately 34.88% of residents are single, while 27.42% live in households with children, indicating a mix of family structures. The community also includes a notable immigrant population, comprising 12.56% of residents. Renters make up 13.58% of the housing demographic, although there are no condominiums in the area. Education levels are high, with 43.9% of the population holding a college or university degree. However, a significant portion, 47.56%, is not in the labor force, which may reflect retirement or other factors. Overall, this community presents a blend of stability, education, and a diverse demographic profile, making it an attractive location for potential homebuyers.